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Intangible Assets
6 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
 
 
 
December 31, 2013
 
June 30, 2013
 
 
Description
Amortization
Period
 
Amount
 
Accumulated
Amortization
 
Carrying
Value
 
 
Amount
 
Accumulated
Amortization
 
Carrying
Value
 
 
 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
Wetpaint Intangible Assets
84 months
 
$
17,985

 
 
$
(107
)
 
 
$
17,878

 
 
 
 
 
 
 
 
 
 
Intellectual Property
36 months
 
4,209

 
 
(3,157
)
 
 
1,052

 
 
$
4,209

 
 
$
(2,456
)
 
 
$
1,753

 
Acquired Capitalized Software
36 months
 
2,350

 
 
(1,501
)
 
 
849

 
 
2,350

 
 
(1,110
)
 
 
1,240

 
Internally Generated Capitalized Software
36 months
 
3,554

 
 
(1,727
)
 
 
1,827

 
 
3,119

 
 
(1,190
)
 
 
1,929

 
Intellectual Property
24 months
 
80

 
 
(80
)
 
 

 
 
80

 
 
(60
)
 
 
20

 
 
 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
Total
 
 
$
28,178

 
 
$
(6,572
)
 
 
$
21,606

 
 
$
9,758

 
 
$
(4,816
)
 
 
$
4,942

 

 
See Note 2, Line of Business and Recent Acquisition, for discussion of intangible assets related to the Wetpaint acquisition.

Amortization of intangible assets included in selling, general and administrative expenses for the six months ended December 31, 2013 and 2012 amounted to $1,756 and $722, respectively.  Future annual amortization expense expected is as follows:
 
Years Ending June 30,
 
 
 
2014
$
2,959

2015
4,421

2016
2,747

2017
2,593

2018
2,569